National Labour Productivity Measures
Labour productivity, measured by output per hour worked, is an indicator of how efficiently labour is used in production. It is influenced by a number of factors: capital intensity per hour worked, labour quality in terms of education and experience, as well as a number of factors associated with technological progress.
Quarterly measures of labour productivity are useful for analyzing the short-term relationship between variations in output, employment, compensation and hours worked. Annual measures of labour productivity are helpful in identifying sources of economic growth and computing unit labour costs.
Statistics are produced at the national level and are presented as indexes for the following measures:
- real gross domestic product
- total number of jobs
- average hours worked
- hours worked
- labour productivity
- total compensation per hour worked
- unit labour cost
- unit labour cost in US dollars
- unit capital and other payments
- implicit price deflator
- labour share
- gross domestic product
- total compensation
- capital and other payments
The following tables include quarterly estimates of labour productivity and related measures by industry.
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